Vitals
  • Total Assets
    345.9M 20.4 %
  • Total Deposits
    307.8M 17.9 %
  • Total Net Loans
    260.5M 47.1 %
  • Net Income
    4.7M 64.6 %
  • Book Value
    25.2M 25.9 %
  • Book Value x2
    50.5M 25.9 %
  • Book Value x3
    75.7M 25.9 %
ROAA

2.022

ROAE

27.352

Efficiency Ratio

52.695

Net Interest Margin

4.517

Balance Sheet Highlights
Financial Highlights Southern National Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 345,851 196,116
Total Net Loans 260,540 147,713
Total Deposits 307,781 164,064
Total Equity 25,228 19,903
Profitability
Net Income 4,651 9,334
Return on Average Assets 2.022 1.531
Return on Average Equity 27.352 15.61
Net Interest Margin 4.517 4.707
Efficiency Ratio 52.695 61.317
Noninterest Income/Revenue 3.7 9.893
Balance Sheet Ratios
Loan-to-Deposit 84.651 86.787
Securities/Assets .137 .239
Total Equity/Total Assets .073 .101
Tangible Equity/Tangible Assets .073 -.844
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 26,196 19,042
Tier 2 Capital 3,630 1,917
Total Capital 29,826 20,904
Total Risk Weighted Assets 290,175 156,057
Leverage Ratio 7.91 11.292
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.03 14.463
Total Capital Ratio 10.28 15.622

Timeline for Southern National Bank

United Community Bank

Southern National Bank was acquired by United Community Bank 17 years

View Profile Dec 02 2006

Southern National Bank

Southern National Bank was established 25 years ago and is currently headquartered in Marietta, GA.

Dec 21 1998

Southern Bancorp, Inc.

Southern Bancorp, Inc. became a new parent organization for Southern National Bank.

View Profile Dec 21 1998
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
United Community Bank Buyer 10,278,851 Acquisition Discontinued 12/2/2006
Relationships Role Relationship Start Relationship End
Southern Bancorp, Inc. Parent 12/21/1998 12/1/2006
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